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559 S Court Street - Grove Court Apartments, Montgomery, AL

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559 S Court Street - Grove Court Apartments

Corner of Court St. and S. Grove St.
Montgomery, AL 36104-4110 - Downtown Montgomery MF Submarket

Property Type:Multi-Family Number of Units:71 Status:Existing Year Built:1946
Stories:2 Building Size:50,164 SF Land Area:1.38 AC (60,108 SF)
For Sale Price:$1,075,000 Price/Unit:$15,140.85 Cap Rate:- GRM:-

Parking:.59 Parking Spaces / 1,000 SF

This historic 71-unit apartment complex is in need of rehab per the owners. Excellent investment opportunity as the federal and local governments may subsidize some of the rehab investment. The sellers are very motivated and will accept all offers. The property is currently vacant.

Moore Company Realty, Inc.
Steve Hughes
(334) 262-1958

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